📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Yesterday, Bitcoin failed to break through the resistance level of 108500 after multiple attempts to rally, leading to a strong shift from bullish sentiment to bearish. The upward momentum has gradually weakened, and the intraday market opened with fluctuations leading to a breakdown, reaching a low at the level of 105400. As of today, the market has gradually stabilized, with the short-term resistance moving down to the position of 107300.
Both long and short positions are taking turns to exert pressure, and the overall trend range is being compressed. The five-day moving average above is turning downwards, continuously being pressured by the trend. If the price cannot break through and stabilize at this position during the day, there is a possibility for the market to decline further. The MACD lines are above the zero axis, maintaining a downward volume, while the RSI and Stoch indicators are relatively flat, indicating that there is still a risk of a pullback in the market during the day.
Support level: 105000-105800
Resistance level: 107000-107700
#BTCUSD # Ethereum